Bloomberg News

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Fed’s Most Powerful Trio Keep December Rate Rise On The Table

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Next month is in the crosshairs for an increase if economic progress holds up.

The Buddhist Priest Who Became A Billionaire By Snubbing Investors

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Kazuo Inamori's views are a reminder that many bastions of Japanese business don’t buy into Prime Minister Shinzo Abe’s plans to make companies more devoted to shareholders.

Why Investors In Manhattan's Fanciest Condos Should Have S&P 500 Envy

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Over a 10-year period, the boring index fund beats New York City's finest condos.

The Secret Inside James Bond's Real Razor-Edged Rolex

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This ref. 5513 Submariner worn by Roger Moore last sold for $245,000. Pretty pricey for a watch that doesn't even tell time.

Cohen, Always Trading, Said To Sell $65 Million Art At Auction

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Steven A. Cohen is applying his trading skills to an art collection that now accounts for about $1 billion of his $11 billion fortune.

Hedge Funds Burned By Silver Bets As Fed Signals Rates May Climb

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Prices have dropped almost 4 percent since last Tuesday, when the funds’ wagers reached their peak.

John Hancock Extends Broker-Dealer Push By Adding Transamerica 1,100 Reps

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John Hancock Financial Network, a U.S. unit of Canada’s Manulife Financial Corp...

Changing Demographics Threaten Core Tenet Of Portfolio Management

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Portfolio managers who adhere to a method of asset allocation that has served them well for more than three decades may be in need of a wake-up call.

UBS Reorganizes Management, Naritil Replaces McCann As U.S. Wealth CEO

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UBS Group AG is reorganizing management and postponing a profitability target after reporting third-quarter profit that more than doubled. The shares fell.

Gross Says Fed Should 'Switch,' Not 'Twist,' To Revive Economy

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Bill Gross says the Federal Reserve should sell longer-term Treasuries and buy shorter-term notes to remedy the economy.

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